H Did you have any council rates?

Calculate your deductible council rates and write the amount in the boxes provided. Do not show cents

Example 2 You have a property which you use for both private and rental purposes

You own a house that contains a granny flat. For the whole of the year, you rent out the granny flat and live in the other part of the house yourself. You can claim deductions only for expenses that relate to the granny flat. For expenses that relate to the property as a whole -such as interest charged on a loan to acquire the property -you can claim the proportion that reasonably relates to the granny flat.

Example 3 You rent out your property for part of the year

You can claim deductions only for expenses that relate to the period you rented the property out or had it available to rent. You cannot claim deductions for expenses for the whole of the year.

You fly to have a holiday and also to inspect your rental property at the same place. You spend one day on matters relating to the rental property and nine days holidaying. Because the main purpose of the trip is the holiday, and the inspection of the property is incidental to that purpose, you cannot claim a deduction for the airfare. But you can claim expenses directly relating to the property inspection, such as taxi fares to get to the property and back to your hotel, and one-tenth of your accommodation expenses.

Our commitment to you

We are committed to providing you with accurate, consistent and clear information to help you understand your rights and entitlements and meet your obligations.

If you follow our information and it turns out to be incorrect, or it is misleading and you make a mistake as a result, we will take that into account when determining what action, if any, we should take.

Some of the information on this website applies to a specific financial year. This is clearly marked. Make sure you have the information for the right year before making decisions based on that information.

If you feel that our information does not fully cover your circumstances, or you are unsure how it applies to you, contact us or seek professional advice.